Fed pauses interest rate hikes in September but could raise rates again this year
The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.
The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.
UAW strike day 7: GM, Stellantis announce layoffs as negotiations continue
Both General Motors and Stellantis announced layoffs Wednesday as UAW members continue to walk the picket line at three facilities. These layoffs come as the strike nears the one-week mark with more employees potentially joining the picket line.
Both General Motors and Stellantis announced layoffs Wednesday as UAW members continue to walk the picket line at three facilities. These layoffs come as the strike nears the one-week mark with more employees potentially joining the picket line.
Fed declines to increase interest rates
The Federal Reserve held interest rates steady for the second time this year, pausing its tightening campaign to assess how the economy is faring in the face of higher borrowing costs. LiveNOW's Andrew Craft spoke about today's decision by Fed Chair Jerome Powell with Thomas Hogan from the Heritage Foundation. More LiveNOW from FOX streaming video
The Federal Reserve held interest rates steady for the second time this year, pausing its tightening campaign to assess how the economy is faring in the face of higher borrowing costs. LiveNOW's Andrew Craft spoke about today's decision by Fed Chair Jerome Powell with Thomas Hogan from the Heritage Foundation. More LiveNOW from FOX streaming video
Student loan repayment may force some to take on more debt: survey
Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.
Many student loan borrowers are anxious that they won't be able to meet their payment obligations once repayments resume in October, according to a recent survey by Achieve.
UAW strike could accelerate car prices
The United Auto Workers union is stepping up pressure on Detroit?s Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday. Ford, General Motors and Stellantis all say they want to reach a deal. If a deal consumer could face a major hit to their wallets.
The United Auto Workers union is stepping up pressure on Detroit?s Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday. Ford, General Motors and Stellantis all say they want to reach a deal. If a deal consumer could face a major hit to their wallets.
UAW Strike: Here's what you need to know
On the 5th day of the UAW stand-up strike, union leaders are giving the "Big Three" another deadline before more strikes are in place at other plants across the country. UAW President Shawn Fain set a new deadline for "serious talks" at Friday, Sept. 22 on noon ET. LiveNOW's Andrew Craft spoke about the strike with FOX 2 Detroit reporter Dave Kinchen and Professor Erik Gordon, from the University of Michigan Ross School of Business. More LiveNOW from FOX streaming video
On the 5th day of the UAW stand-up strike, union leaders are giving the "Big Three" another deadline before more strikes are in place at other plants across the country. UAW President Shawn Fain set a new deadline for "serious talks" at Friday, Sept. 22 on noon ET. LiveNOW's Andrew Craft spoke about the strike with FOX 2 Detroit reporter Dave Kinchen and Professor Erik Gordon, from the University of Michigan Ross School of Business. More LiveNOW from FOX streaming video
Social Security payments could rise 3.2 percent in 2024
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.
Macy's to hire nearly 40,000 workers in seasonal roles
The seasonal jobs include openings on a full-time and part-time basis.
The seasonal jobs include openings on a full-time and part-time basis.
Here's how much it costs to raise a child in your state
Data shows the average annual cost to raise a child rose nearly 20% between 2016 and 2021.
Data shows the average annual cost to raise a child rose nearly 20% between 2016 and 2021.
Data reveals states with the highest credit card debt
Credit card debt topped $1 trillion nationwide.
Credit card debt topped $1 trillion nationwide.
Spirit Airlines partners with Liberty University flight school, looks to address pilot shortage
The Spirit Wings Pilot Pathway program is the the tenth of its kind nationwide.
The Spirit Wings Pilot Pathway program is the the tenth of its kind nationwide.
What is today’s lowest mortgage rate? Consider shorter terms | September 15, 2023
Check out the mortgage rates for September 15, 2023, which are mixed from yesterday.
Check out the mortgage rates for September 15, 2023, which are mixed from yesterday.
Lyft adds new safety feature for women and nonbinary drivers, riders
The goal of the new service is twofold, Lyft says: It’s meant to both increase safety and encourage more women and nonbinary people to drive for Lyft.
The goal of the new service is twofold, Lyft says: It’s meant to both increase safety and encourage more women and nonbinary people to drive for Lyft.
Johnson & Johnson ditching script logo after 130 years
The health care and pharmaceutical giant will gradually phase out the cursive script logo on its branding and products.
The health care and pharmaceutical giant will gradually phase out the cursive script logo on its branding and products.
13,000 US autoworkers go on strike
DETROIT (AP) ? About 13,000 U.S. auto workers stopped making vehicles and went on strike Friday after their leaders couldn?t bridge a giant gap between union demands in contract talks and what Detroit?s three automakers are willing to pay. Members of the United Auto Workers union began picketing at a General Motors assembly plant in Wentzville, Missouri; a Ford factory in Wayne, Michigan, near Detroit; and a Stellantis Jeep plant in Toledo, Ohio. It is the first time in the union?s 88-year history that all three companies were targeted simultaneously.
DETROIT (AP) ? About 13,000 U.S. auto workers stopped making vehicles and went on strike Friday after their leaders couldn?t bridge a giant gap between union demands in contract talks and what Detroit?s three automakers are willing to pay. Members of the United Auto Workers union began picketing at a General Motors assembly plant in Wentzville, Missouri; a Ford factory in Wayne, Michigan, near Detroit; and a Stellantis Jeep plant in Toledo, Ohio. It is the first time in the union?s 88-year history that all three companies were targeted simultaneously.
UAW to strike at midnight if no deal is reached
The clock is ticking toward an historic strike between the United Auto Workers union and the "big three" auto manufacturers as negotiations between the UAW and Ford, General Motors, and Stellantis near the midnight deadline. Without a contract by 11:59 p.m., the union intends to strike at selected plant locations in Ohio, Missouri, and in Michigan. LiveNOW's Andrew Craft spoke about the latest announcement by UAW President Shawn Fain with FOX 2 Detroit reporter Dave Kinchen. More LiveNOW from FOX streaming video
The clock is ticking toward an historic strike between the United Auto Workers union and the "big three" auto manufacturers as negotiations between the UAW and Ford, General Motors, and Stellantis near the midnight deadline. Without a contract by 11:59 p.m., the union intends to strike at selected plant locations in Ohio, Missouri, and in Michigan. LiveNOW's Andrew Craft spoke about the latest announcement by UAW President Shawn Fain with FOX 2 Detroit reporter Dave Kinchen. More LiveNOW from FOX streaming video
UAW Strike: Plants in Michigan, Ohio, and Missouri targeted for strike; 'This is about our members tonight'
Without a contract by 11:59 p.m., the union president called on workers at factory locations in Ohio, Missouri, and Michigan to walk off the line at midnight.
Without a contract by 11:59 p.m., the union president called on workers at factory locations in Ohio, Missouri, and Michigan to walk off the line at midnight.
Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes
Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.
Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.
Map: Here's the minimum annual income required to be middle class in each state
Inflation has surged in the past few years, peaking at 9% in June 2022. That means some families who were middle class in 2020 may no longer be in that category.
Inflation has surged in the past few years, peaking at 9% in June 2022. That means some families who were middle class in 2020 may no longer be in that category.
The UAW strike deadline is tonight - What to know as union, automaker negotiations continue
If Big Three automakers and UAW do not reach a deal on Thursday, workers will take to the picket line. Not all Locals will strike at first, though.
If Big Three automakers and UAW do not reach a deal on Thursday, workers will take to the picket line. Not all Locals will strike at first, though.